HomeMy WebLinkAboutOrd 6351 12/05/2017 Authorizing the levy and collection of taxes for the municipal purposes of special service area number fiveORDINANCE NO. 6351
AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF TAXES FOR
THE MUNICIPAL PURPOSES OF SPECIAL SERVICE AREA NUMBER FIVE OF
THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR BEGINNING
JANUARY 1, 2017 AND ENDING DECEMBER 31, 2017
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
The 5th day of December, 2017
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois
the 6th day of December, 2017.
ORDINANCE NO. 6351
AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF TAXES FOR
THE MUNICIPAL PURPOSES OF SPECIAL SERVICE AREA NUMBER FIVE OF
THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR BEGINNING
JANUARY 1, 2017 AND ENDING DECEMBER 31, 2017
NOW THEREFORE, BE IT ORDAINED BY THE President and Board of Trustees of the Village
of Mount Prospect, Cook County, Illinois:
Section l: That the sum of One Million Five Hundred Fifteen Thousand Four Hundred Sixty -
Four Dollars ($1,515,464), the same being the total amount to be levied of budget appropriations
heretofore made for the municipal purposes for the fiscal year beginning January 1, 2017, and
ending December 31, 2017, as approved by the President and Board of Trustees of the Village of
Mount Prospect, be and the same is hereby levied on all taxable property within the Special Service
Area Number 5 of the Village of Mount Prospect according to the valuation of said property as is,
or shall be, assessed or equalized by State and County purposes for the current year 2017. The
budgetary appropriations having been made by the President and Board of Trustees of the Village
of Mount Prospect were passed and approved by Ordinance No. 6290 at a meeting hereof regularly
convened and held in said Village of Mount Prospect, Illinois, on the 20th day of December, 2016,
and amended by Ordinance No. 6308 passed and approved on the 7th day of March, 2017, and
thereafter duly published according to law, the various objects and purposes for said budgetary
appropriations were heretofore made are set forth under the column entitled "Amount Budgeted,"
and the specific amount herein levied for each object and purpose is set forth under the column
entitled "Amount Levied" in Article I.
Section 2: That the County Clerk is directed to add 2% to the requested tax levy as a provision
for loss and cost.
Section 3: That the Village Clerk of the Village of Mount Prospect is hereby directed to certify a
copy of this Ordinance and is hereby authorized and directed to file a copy of the same with the
County Clerk of Cook County, Illinois, within the time specified by law.
Section 4: That, if any part of this Ordinance shall be held to be unconstitutional or otherwise
invalid, such unconstitutionality or invalidity, shall not affect the validity of the remaining parts
of this Ordinance. The President and Board of Trustees of the Village of Mount Prospect hereby
declares that they would have passed the remaining parts of the Ordinance if they had known that
such part or parts thereof would be declared unconstitutional or otherwise invalid.
Section 5: That this Ordinance shall be in full force and effect from and after its passage, approval,
publication in pamphlet form and recording, as provided by law.
AYES: Grossi, Hatzis, Hoefert, Rogers, Saccotelli, Zadel
NAYS: None
ABSENT: None
PASSED and APPROVED this 5t" day of, December, 2017
ATTEST:
Karen Agoranos, Village Clerk
2
dil
Arlene A. J i mcek, Mayor
ARTICLE I - SPECIAL SERVICE AREA NO. 5
050 Lake Water Acquisition
Amount Amount
Budgeted Levied
570,001 SSA #5 JAWA Water 4,956,000 1,197,822
570.004 SSA #5 JAWA Fixed Costs 1,296,000 317,642
TOTAL APPROPRIATED FOR SPECIAL SERVICE AREA NO, 5
LAKE WATER ACQUISITION 6.252.000
AMOUNT TO BE RAISED BY TAX LEVY 1,515,464
ADD 2% FOR LOSS AND COST OF COLLECTION 30,309
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR 1,545,773
SPECIAL SERVICE AREA NO. 5
SUMMARY
Amount
Amount to
Amount for
Total Tax
Article Budgeted
be Levied
Loss & Cost
Levy
I - Special Service Area No. 5 6,252,000
1,515,464
30,309
1,545,773